A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch.
4 letters representing the bank. It usually looks like a shortened version of that bank's name.
2 characters made up of letters or numbers. It says where that bank's head office is.
2 characters made up of letters or numbers. It says where that bank's head office is.
3 digits specifying a particular branch. 'XXX' represents the bank’s head office.
If you're still unsure, we've prepared a list of the most common questions asked.